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Tigo Energy Provides EDF Renewables Israel with Predict+ System
Tigo Predict+ technology provides a supply system with leading-edge financial forecasting capabilities RAANANA, Israel--(BUSINESS WIRE)-- Tigo Energy, Inc.
About this update from Tigo Energy, Inc.
[{"type":"text","content":"\nTigo Predict+ technology provides a supply system with leading-edge financial forecasting capabilities\n\n\n RAANANA, Israel--(BUSINESS WIRE)--\nTigo Energy, Inc. (Nasdaq: TYGO), a leading provider of intelligent solar and energy storage solutions, today announced the expansion of the Company’s collaboration with EDF Renewables Israel, part of EDF Group and a leading developer and operator of renewable energy, to maximize the performance of solar farms in Israel using Tigo Predict+ technology. As part of the Tigo Energy Intelligence (EI) platform, Tigo Predict+ technology enables EDF Renewables to integrate many diverse datasets to produce highly accurate, customizable forecasting models.\n\n\nThe Predict+ technology enables critical financial functions for EDF Renewables, such as:\n\n\n\naccurately forecasting and modeling energy meter data to enable energy trading decisions, including precise day-ahead and long-term forecasting of EDF Renewables Israel consumers’ consumption,\n\n\n\nmanaging market insights about demand, renewable supply, and utility pricing in the Israeli energy market,\n\n\n\nconducting high-resolution profit analyses using predicted and actual revenues from end-customers, as well as an API-level integration with billing systems for end-customer consumption data and invoicing, and\n\n\n\nproducing accurate, consistent, and regulation-compliant reporting data for Israeli grid operator Noga.\n\n\n\n“We are excited to expand our renewables and storage business by supplying electricity directly to end-consumers. Predict+ has a great industry reputation, trusted by independent power producers and virtual suppliers,” said Ayalon Vaniche, chief executive officer of EDF Renewables Israel.\n\n\nTigo Predict+ provides high-fidelity visibility into the performance of solar and wind energy systems through precise predictions, market insights, profit analysis, and regulation functions. Predict+ is part of the Tigo Energy Intelligence (EI) platform, a comprehensive digital platform designed to optimize solar installations' planning, installation, commissioning, monitoring, and maintenance phases, from individual residential systems to commercial, industrial, and utility-scale solar fleets. Tigo EI delivers the tools to decrease operations and maintenance costs, increase system performance and revenue, and improve the us...